Latin America Airbag Systems Market Share

Statistics for the 2023 & 2024 Latin America Airbag Systems market share, created by Mordor Intelligence™ Industry Reports. Latin America Airbag Systems share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Latin America Airbag Systems Industry

This market is consolidated with major companies that are merging and acquiring other companies to maintain their position in the market. Key players in the market are Hyundai Mobis, ZF Friedrichshafen, Autoliv, DENSO Corporation, Toshiba Corporation, Key Safety Systems, Continental AG. In 2016 TRW was acquired by ZF Friedrichshafen AG. There is a recent development in roof type airbags. The new bad in roof airbags has replaced passenger airbags which are located in the instrument panel to protect passengers. It is used in Citroen Cactus C4. There has been tremendous development in dual-stage airbags which are located at the location of seat belt and front seat, these airbags are used to prevent children and adults from getting injured during the collision. Since active safety systems are improving owing to the new technology, there might be a reduction in demand for passive safety systems like airbags and seatbelts in the future.

Latin America Airbag Systems Market Leaders

  1. ZF Friendrichshafen AG

  2. Hyundai Mobis Co Ltd

  3. Autoliv Inc

  4. Denso Corporation

  5. Continental AG

*Disclaimer: Major Players sorted in no particular order

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Latin America Airbag Systems Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)